Human Services
(P850)
IRS Verified
DX Registered
990 on File
INSPIRATION CORPORATION
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
In an atmosphere of dignity and respect, Inspiration Corporation helps people who are affected by homelessness and poverty to improve their lives and increase self-sufficiency through the provision of social services, employment training and housing. Each year, Inspiration Corporation works with nearly 2,500 Chicagoans who are characterized by chronic homelessness, unemployment or underemployment, mental illness, substance abuse, and social isolation. These individuals all share the strength to move beyond their current situation and toward self-sufficiency.
Financial Overview — FY 2023
$5.0M
Total Revenue
$4.8M
Total Expenses
$3.0M
Net Assets
58
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.5%
Fundraising Efficiency
354.2%
Operating Reserve
7.54x
Liability-to-Asset
16.6%
Revenue Diversification
94.2%
Executive Compensation
$464K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.5% | 85.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.4% | 11.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.1% | 0.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
354.2% | 134.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.5 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.6% | 14.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.2% | 93.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
3.9% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.2% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.4% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.0M | $4.8M | $3.0M | 79.5% | 58 |
| 2022 | $4.8M | $4.5M | $2.9M | 78.5% | 68 |
| 2021 | $5.1M | $4.1M | N/A | — | 62 |
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